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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Western Marine Shipyard's retained earnings for the quarter that ended in Jun. 2025 was BDT280.7 Mil.
Western Marine Shipyard's quarterly retained earnings
declined
from Jun. 2023 (BDT919.2 Mil) to Jun. 2024 (BDT357.4 Mil) and
declined
from Jun. 2024 (BDT357.4 Mil) to Jun. 2025 (BDT280.7 Mil).
Western Marine Shipyard's annual retained earnings
declined
from Jun. 2023 (BDT919.2 Mil) to Jun. 2024 (BDT357.4 Mil) and
declined
from Jun. 2024 (BDT357.4 Mil) to Jun. 2025 (BDT280.7 Mil).
Western Marine Shipyard (DHA:WMSHIPYARD) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Western Marine Shipyard Retained Earnings Historical Data
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The historical data trend for Western Marine Shipyard's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Marine Shipyard Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of BDT280.7 Mil mean?
Western Marine Shipyard (DHA:WMSHIPYARD) has a Retained Earnings of BDT280.7 Mil as of Jun. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Western Marine Shipyard and its competitors.
Is Western Marine Shipyard's Retained Earnings too high?
Western Marine Shipyard's current Retained Earnings is BDT280.7 Mil. Overall, Western Marine Shipyard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's Retained Earnings compare to SPCX and GE?
Western Marine Shipyard's Retained Earnings of BDT280.7 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Western Marine Shipyard and its competitors. Western Marine Shipyard's current Retained Earnings is BDT280.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.07, compared to a current price of BDT10.10 — trading 22.7% below its estimated fair value. The current Retained Earnings is BDT280.7 Mil. Western Marine Shipyard's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Western Marine Shipyard (DHA:WMSHIPYARD), the current Retained Earnings is BDT280.7 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT10.10 is trading 22.7% below its estimated GF Value™ of BDT13.07.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
Retained Earnings: BDT280.7 Mil
GF Value™: BDT13.07 vs. price of BDT10.10 (22.7% below fair value)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
71GF Score
Get the complete analysis for DHA:WMSHIPYARD
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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